After Apple decomissioned the 8GB iPhone 4 in India,
the Californian giant is said to launch (in a few weeks)a 8GB variant of
the iPhone 5C for the Indian market which will be priced
below the INR 35000 mark ,The stock 16GB version usually
runs upto around INR 42000 so the 8GB might be a cheaper option
for those who buy for brand identity .
Source - GSMArena